Technology is changing business for everyone – from small home- based businesses to mega multi-national corporations. Stone Age – The development of simple tools from wood or shards of rock and the discovery of fire, which provided a way to cook food and create heat and light, were technological developments which allowed people to accomplish tasks more easily and quickly.
Assistive technology is being used in many ways, in schools it is used to help students with Autism to learn better, it is used to help people with disabled bodies move, additionally, with the use of speech recognition applications those who are unable to type are able to use a computer and so much more.
But all is not bad but on the contrary, thanks to technology our hope and quality of life has greatly increased thanks to the technical and scientific advances we are able to detect and cure diseases that previously were fatal, have created a society where any person has access to knowledge through internet, thanks to technology we generate, store and distribute any type of food, clothing and products that improve our level and quality of life, technology has created machines that perform arduous, dangerous work and requiring a great effort for man, thanks to technology we can communicate with anyone in the world, have conquered the moon and soon the space.
Aa. ‘Information Technology Investment Management’ means a decision-making process that, in support of agency missions and business needs, provides for analyzing, tracking, and evaluating the risks, including information security and privacy risks, and results of all major capital investments made by an agency for information systems.
To spend excessive amounts of time and research towards managing its technology – which is often completely unrelated in type to the company’s primary business – a company detracts resources that could otherwise be allocated to its main business strategies.